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Emmanuel Saez

Ben Walsh

If Pimco Were A Country, It Would Be The Most Unequal Place On The Planet

HuffingtonPost.com | Ben Walsh | Posted 11.19.2014 | Business

The salaries at Pimco confirm what researchers have been saying about income inequality in America: far more than the 1 percent, it’s the skyrocketing compensation of the 0.1 and 0.01 percent that are driving the rise in income inequality. Everyone – from the merely highly-paid to low-wage workers – is losing ground to the new income elite.

All The Wealth The Middle Class Accumulated After 1940 Is Gone

The Huffington Post | Mark Gongloff | Posted 11.05.2014 | Business

Here's more proof the middle class is dying. The middle-class share of American wealth has been shrinking for the better part of three decades and ...

Ryan Grim

The Economists FT Relied On For Its Thomas Piketty Takedown Don't Buy It

HuffingtonPost.com | Ryan Grim | Posted 05.28.2014 | Politics

One of the most serious charges leveled by the Financial Times in its high-profile critique of Capital in the Twenty-First Century is that the author,...

The Great Divergence

Harlan Green | Posted 02.15.2014 | Business
Harlan Green

The so-called "minimalist" budget deal just reached by Congress is another illustration of the great divergence in wealth distribution of recent year...

Equality Is Good For Everyone!

Harlan Green | Posted 01.25.2014 | Business
Harlan Green

It looks like some states are beginning to take the equality issue seriously again. Massachusetts just raised their minimum wage to $10 per hour, Cali...

Wealth Taxes to Cure Inequality? How About Tax Reform Instead.

Joseph J. Thorndike | Posted 09.23.2013 | Politics
Joseph J. Thorndike

What are the prospects for a new federal tax on wealth? Pretty good, if you think surging inequality will trigger a populist revolt. But not so good i...

The Sequester Dilemma--How Much Is Too Much Austerity?

Harlan Green | Posted 04.24.2013 | Business
Harlan Green

Come March 1, we will begin to see how much damage the sequester agreement causes. A recent CNBC column by Larry Kudlow illustrates both the misconceptions and reason for the gridlock on avoiding across-the-board spending cuts of some $85 Billion to the federal budget.

State of the Union -- Why So Few New Jobs?

Harlan Green | Posted 04.17.2013 | Business
Harlan Green

The problem is how to create enough new jobs to generate more demand for goods and services. And only government is in a position to do that at present. Nothing else will generate the growth we need.

The Hunger Games Are Coming

Harlan Green | Posted 03.19.2013 | Business
Harlan Green

The Hunger Games is a riveting portrayal of how the young see the modern world, where a privileged elite has a "Stalin-like" control over who lives in plenty or poverty in a post-apocalyptic North America. The young just coming of age are not far from the truth.

Income Inequality Worse Under Obama Than George W. Bush

The Huffington Post | Alexander Eichler | Posted 04.11.2012 | Business

President Obama may talk a big game about economic fairness, but his record on the issue doesn't quite match up. There are lots of reasons to think...

We Have to Choose What Kind of a People We Are

Rev. Jesse Jackson | Posted 05.13.2012 | Politics
Rev. Jesse Jackson

We can't simply tell a young generation that the American Dream is a nightmare for them. We can't have a prosperous economy if the middle class is sinking. We will not long be a democracy if the wealthiest pocket the rewards and check out of building the nation.

How American Income Inequality Hit Levels Not Seen Since The Depression

Posted 10.19.2012 | Business

WASHINGTON (Reuters, By Emily Kaiser) - In 2007, when the world was on the brink of financial crisis, U.S. income inequality hit its highest mark sin...

RT @huffbusiness Wall Street Bonuses Vs. Normal Wages: An EXTREMELY Disturbing Chart

Huffington Post | Marcus Baram | Posted 05.25.2011 | Business

It may be hard to believe but there was a time, almost 25 years ago, when Wall Street and Main Street weren't so far apart -- at least when it came to...

Top 1 Percent Of Americans Reaped Two-Thirds Of Recent Income Gains

Center on Budget and Policy Priorities | Avi Feller and Chad Stone | Posted 05.25.2011 | Business

Two-thirds of the nation's total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger s...

Income Inequality Is At An All-Time High: STUDY

Posted 05.25.2011 | Business

Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently update...

Income Inequality Is Increasing: Economist

economicprincipals.com | David Warsh | Posted 05.25.2011 | Business

Emmanuel Saez, 36, a public economics expert teaching at the University of California at Berkeley, was awarded the 2009 John Bates Clark Medal last we...